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Tesla recalls about half a million electric cars over safety issues

Tesla is recalling more than 475,000 of its Model 3 and Model S electric cars to address rearview camera and trunk issues that increase the risk of crashing, the U.S. r

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Tesla recalls about half a million electric cars over safety issues

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China, January 7, 2020. /Reuters Tesla is recalling more than 475,000 of its Model 3 and Model S

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General Motors issues third recall for Chevrolet Bolt EVs, citing rare battery defects

General Motors is recalling even more Chevrolet Bolt electric vehicles due to possible battery cell defects that could increase the risk of fire. This latest recall, announced by the automaker on Frid

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European refurbished electronics marketplace Refurbed raises $54M Series B

Refurbed, a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year, has now raised a $54 million Series B funding led by Evli Growth Partners a

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GM’s earnings dragged down by Chevy Bolt recall

The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second quarter earnings statement Wednesday. Costs associated with f

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Luxury watch maker Breitling issues digital certificates on the Ethereum blockchain

Breitling is partnering with Arianee to issue a new kind of certificates of authenticity for its luxury watches. Instead of relying on physical certificates, the watchmaker gives you a unique digital

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A Faraday Future prototype hits the auction block

Faraday Future has yet to produce a production vehicle. The company burst out of nowhere in 2015 with wild claims of upsetting the electric vehicle market ruled by Tesla. That hasn’t happened ye

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Tire Agent, with a new financing platform, raises $5 million

Tire Agent, an Entrepreneurs Roundtable Accelerator-backed startup that is looking to bring the tire industry into the 21st century, has today announced the close of a $5 million funding round led by

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Reebelo, a Singapore-based site for refurbished electronics, raises $1.25 million seed round

Reebelo, a Singapore-based marketplace for refurbished electronics, announced it has raised a seed round of $1.25 million led by June Fund, with participation from Antler.The new funding will be used

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India’s Spinny raises $43.7M to expand its online platform for selling used cars

Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities.The Series B fin

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Los Angeles-based SureSale is developing an independent certification service for used cars

Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insur

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Apple CEO apologizes over China warranties

Apple Inc. CEO Tim Cook on Monday bowed to pressure from Chinese consumers who demanded an apology over the company's warranty policies in China, saying the company is sorry for any "concern or misunderstanding" in the country.